Virtual gambling chips, called GLOWbills, could be an easy way for gaming sites to process credit card transactions, according Global Games Corporation. The product, created by AmericanDSL.com (a subsidiary acquired by Global earlier this year), made its debut this week.
Ideally, GLOWbills would be transferable from one gaming site to another, creating a "common thread" according to ADSL President Rick O'Neil. Online gamers can purchase GLOWbills by credit card, online checks or wire transfer. These chips can then be used at participating online casinos membership sites or stores as "chips," then be "cashed in" at the GLOWbill.com site whenever the web surfer wants. Online processing is provided by secure servers in the U.S. and will be expanded with servers outside the U.S. by the New Year to accommodate offshore clients.
For more information, visit http://www.globill.com.